Axis Capital Holdings Limited provides specialty lines insurance and treaty reinsurance on a global basis. Through its operating subsidiaries based in Bermuda, Ireland and the United States, the Company focuses on writing coverage for specialized classes of risk through its team of underwriters. Axis underwriters are focused on constructing a portfolio of risks that fully utilizes the Companys capital, while optimizing the risk-reward characteristics of the portfolio. In specialty lines, it has designed its corporate and underwriting structure to create an operating platform that utilizes new procedures and technologies. Axis intends to continue to exercise underwriting practices and manage a diverse book of business, while seeking to maximize its profitability and generate returns on equity.